-LRB- CNN -RRB- -- Pamela Anderson is set to bring a little Hollywood glamor to motorsport after becoming part owner of a sports car racing team .

The former Baywatch star has linked up with the Race Alliance team , which is competing in the inaugural FIA GT Series .

The Playboy pin-up ventured into motorsport in March 2012 when her and occasional racing driver Markus Fux fronted the Downforce1 European Le Mans teams .

Following the failure of that venture Fux and Anderson have teamed up with the Race Alliance team for the final three races of the GT Series ' 2013 season .

`` We want to make Race Alliance a recognizable name and have looked for the best drivers possible , '' a spokesman for the team told Autosport.com .

`` The plan is to contest the full FIA GT Series next year , as well as the Nurburgring 24 Hours , and then look to NASCAR after that . ''

In Vitantonio Liuzzi and Mathias Lauda the Austrian team boasts two drivers of considerable pedigree .

F1 Inforgraphic : Deals on wheels

Liuzzi spent six years in Formula One , including one season with Red Bull , while his teammate Lauda is the son of Austria 's triple F1 world champion Niki Lauda .

Liuzzi and Lauda will be behind the wheel of a Ferrari 458 Italia when the team debuts in Slovakia this weekend .

Three dates remain on the GT Series ' 2013 calendar , with Spain and Azerbaijan hosting races after Slovakia .

Competing against Anderson 's team will be one led by rally driving legend Sebastian Loeb .

The Frenchman won a record nine World Rally Championships in a row between 2004 and 2012 and now heads the Sebastian Loeb Racing team .

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Pamela Anderson becomes joint owner of a racing team

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Former Baywatch star is fronting the Race Alliance FIA GT Series team

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Vitantonio Liuzzi and Mathias Lauda drive for the team

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Nine-time rally world champion Sebastian Loeb runs a competing team